#BreakoutTradingStrategy 📈 The Breakout Trading Strategy is a popular method in crypto trading, especially during times of high market volatility.
The basic principle is to enter a position when the price surpasses a clear resistance or support level, signaling that a strong trend is about to form.
However, to avoid "false breakouts", traders need to combine tools such as volume, RSI, or confirmation from closing candles.
The Breakout Strategy is suitable for investors who want to catch quick waves and take advantage of unexpected breakouts in the market.
Risk management is a mandatory factor, as failing to do so can easily result in a "bull trap" or "bear trap".
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